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    1422 S Neil St Champaign, IL 61820

    For Lease
    $18 SF/Yr ($9,000 /Mo)

    Retail - Champaign, IL

    Type:Retail
    Property size:
    6,000 SF
    Days on Market:
    156
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 1422 S Neil St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    432013458011
    Size
    6,000 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1947
    Number of units
    1
    Architectural style
    Other

    Green Street Realty (217) 356-8750 [email protected]

    Listing agent Shannon Collins (217) 356-8750 License #475178418

    Listing date Jul 3, 2025

    MLS# 12366139 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Visibility Retail Space Available

    This 3,200 square foot commercial space is available for lease. It is situated along a high-traffic corridor, offering excellent visibility and exposure. The space features an open-concept layout with one private office. Ample on-site parking ensures convenience for customers and staff. It is located in Champaign, IL. The property's zoning is COMMR. This versatile space is suitable for a retail storefront, professional office, or showroom. It offers flexible layout options and great signage potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.244125
    Latitude
    40.099238

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    FAQs

    What type of property is this?
    Retail property - 3,200 SF commercial space for lease in Champaign, IL.
    Where is this retail property located?
    The property is located at 1422 S Neil St Champaign, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on a high-traffic corridor; - Spacious 3,200 square foot commercial space; - Open-concept layout suitable for various business types
    (217) 356-8750
    Request Owner's contact information
    1422 S Neil St Champaign, IL 61820
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    Champaign, IL 61820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1422 S Neil St Champaign, IL 61820
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